BMN Boston

Get our mobile app!

Download on the App Store

12 Rice St # 2, Salem MA 01970

Salem, MA 01970
$675,000
Est. $4,412/month
3
Beds
2.5
Baths
1,670
Sq Ft
$404
Price/Sq Ft
0.08
Acres
1880
Year Built
49
Days on Market
Closed Listed Apr 27, 2025 • MLS# 73365219 Copied!

About this home

Welcome to the stylish Rice House Condos! A renovated and pristine 3 bed, 2.5 bath that lives like a single family. Open-concept layout with a perfect entertaining space; modern and fresh with an impressive and expansive kitchen: quartz and granite and a 25 SQFT center island with extra storage! Marble backsplash, stainless appliances, soft close cabinets, wine fridge and max storage in this chefs kitchen. Upstairs, the large primary bedroom suite has seasonal water views and includes double closets with en-suite bath with double vanity and beautiful marble shower. All spacious 3 beds are located on the top floor and have a generous amount of closet space along with an additional full bath and a washer/dryer. The private, fenced, outdoor space is deeded AND 2 car deeded parking! Basement storage too! Updates: Wifi thermostats, on demand hot water, windows security system and Ring doorbell. See additional items left as gifts in disclosures, included in sale. 1st showings at open houses!

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1880
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,670 sq ft
Total Rooms
6
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $699,900
Final Sale Price: $675,000
Difference: $24,900 (-3.6%)
Performance Metrics
96.4%
List to Sale Ratio
Sold below asking price
49
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $419
Sale $/sq ft: $404
This property sold for $404 per square foot
Sale Summary

This property sold for 3.6% below the original asking price.

The property spent 49 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$404/sq ft
Area Average
$303/sq ft
Difference
+33.4%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1880
Living Area 1,670 sq ft
Lot Size 0.08 acres
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 6

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator
Fireplace None
Basement Y
Laundry Third Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Fenced Yard, Other
Pool None
Spa None
Fencing Fenced
Patio/Porch None

Parking

Features Off Street, Deeded
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven

Financial

Annual Tax $6,775
Assessed Value $597,400

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator
Interior Features:
Windows: Insulated Windows, Storm Window(s)
Basement: Y
Laundry: Third Floor, In Unit
Security: Other

Construction & Materials

Year Built: 1880
Effective Year (Renovated): 2017
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Fenced Yard, Other
Patio & Porch:
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Deeded

Location

Loading map...

Neighborhood

12 Rice St # 2, Salem MA 01970

Salem, MA 01970

Walkability

Loading Walk Score...

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $565
Homeowners Insurance $200
HOA Fee $234/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

3.6%
Price Range
51
Total Days on Market

Property Timeline

Sold
Jul 1, 2025
$675,000
Property sold
Days on Market: 51
🏠
Listed for Sale
Apr 27, 2025
$699,900
Original listing
Agent: Charrissa Vitas Office: Atlantic Coast Homes,Inc

Price & Status History

Date Event Price Change
Apr 27, 2025 New Listing Added $699,900

Market Statistics

Days on Market
49 days
Price per Sq Ft
$404

Tax History

Year Taxes Assessment
2025 $6,775 $597,400

Financial Details

Annual Property Tax
$6,775
Tax Year 2025
HOA Fee
$234
Monthly
Assessed Value
$597,400

Listing Information

Listing Office Atlantic Coast Homes,Inc
Agent MLS ID CT009543
Office MLS ID AC1991
Listing Data Updated Jul 2, 2025 11:10 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

12 Rice St # 2, Salem MA 01970 - Photo 1 12 Rice St # 2, Salem MA 01970 - Photo 2 12 Rice St # 2, Salem MA 01970 - Photo 3 12 Rice St # 2, Salem MA 01970 - Photo 4 12 Rice St # 2, Salem MA 01970 - Photo 5 12 Rice St # 2, Salem MA 01970 - Photo 6 12 Rice St # 2, Salem MA 01970 - Photo 7 12 Rice St # 2, Salem MA 01970 - Photo 8 12 Rice St # 2, Salem MA 01970 - Photo 9 12 Rice St # 2, Salem MA 01970 - Photo 10 12 Rice St # 2, Salem MA 01970 - Photo 11 12 Rice St # 2, Salem MA 01970 - Photo 12 12 Rice St # 2, Salem MA 01970 - Photo 13 12 Rice St # 2, Salem MA 01970 - Photo 14 12 Rice St # 2, Salem MA 01970 - Photo 15 12 Rice St # 2, Salem MA 01970 - Photo 16 12 Rice St # 2, Salem MA 01970 - Photo 17 12 Rice St # 2, Salem MA 01970 - Photo 18 12 Rice St # 2, Salem MA 01970 - Photo 19 12 Rice St # 2, Salem MA 01970 - Photo 20 12 Rice St # 2, Salem MA 01970 - Photo 21 12 Rice St # 2, Salem MA 01970 - Photo 22 12 Rice St # 2, Salem MA 01970 - Photo 23 12 Rice St # 2, Salem MA 01970 - Photo 24 12 Rice St # 2, Salem MA 01970 - Photo 25 12 Rice St # 2, Salem MA 01970 - Photo 26 12 Rice St # 2, Salem MA 01970 - Photo 27 12 Rice St # 2, Salem MA 01970 - Photo 28 12 Rice St # 2, Salem MA 01970 - Photo 29 12 Rice St # 2, Salem MA 01970 - Photo 30 12 Rice St # 2, Salem MA 01970 - Photo 31 12 Rice St # 2, Salem MA 01970 - Photo 32
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour